Highest Ranked Comments In The Last Year

+2 Seeing a lot of hate on Oxbridge recently - chill, it is by far and away the absolute top dog without a shadow of a doubt  in the UK and Europe. First_Lien_Larry
+2 . Principal in PE - LBOs
+2 I’ve not heard good things about it.  No bonuses for many traders still.  Canada office in total disarray with plan to shutter Calgary. oil_quant
+2 And to answer your other question, if there are no good / cheap buying opportunities, then the “smart” investment decision is to simply not buy. Partner in RE - Comm
+2 Gonna touch some grass for some of the people viewing this thread. Peg Leg
+2 Let's hear some EB numbers people Associate 1 in IB - Cov
+2 for anonymity will be vague. I’m in FICC, the main contributor to comp is having pnl attribution. I don’t think bank has been a relevant factor. I’d say this is on the higher end but isn’t “ crazy” Analyst 1 in S&T - FI
+2 To add to your point, I think the only true financial innovation we will be seeing now, will solely be coming from the big firms like HRT, Citadel, 2Sigma, etc. Matchabee
+2 Multiple indirect contacts telling me the same thing when I ask them about Citi regl. Turnover is very high and I've heard terrible feedback about some specific MDs (won't make names).  Analyst 2 in RE - Other
+2 AS1 Baird Coverage Base: $200 Bonus: $160 TC: $360 TB  IlliquidCapInjection
+2 Imagine trying to be an optimist while living in Toronto Associate 1 in CorpFin
+2 Target for Left Lane associates who do OCR with the crackheads at Yonge Dundas (don’t cancel me) Intern in S&T - FI
+2 Ill get us started: Level: VP2 Institution: Small PC shop, $500mm AUM Group: Special sits / ABF Ranking: Top Location: T1 City VP in PE - Other
+2 JPM VP1 Base 285 Bonus 282.5 All-in 567.5 Anon1269
+2 This is moronic, does the guy have an inkling of common sense? The only people who know my comp are my wife and my parents. And I've only told them in private What a clown therealgekko
+2 I asked this once. After my boss stopped laughing, he told me to turn his comments and come up with better jokes. Smoke Frog
+2 Associates - 4 is the absolute max, I lived it through my associate years and did not have bandwidth to look at a new platform. VP in PE - LBOs
+2 Hahaha I totally get your reasoning. When I was a Freshman STEM major as soon as I got a connection with an alum at a famous HF I'm guilty of running down his contact list and spam adding folks - like a complete idiot. PrivateTechquity 🚀🚀🚀
+2 Investment Analyst in HF - Other Works at The Family Office
+2 Maybe, though I think BXPE, relative to BREIT which faced similar challenges in 2022, has better liquidity control with advanced notice, soft lock ups, and quarterly redemption caps. Investment Analyst in HF - Other
+2 they dont do the most debt work outside of a few niches so doubt thats a main focus area for exits but im guessing they could if they wanted to.  Analyst 1 in IB - Cov
+2 Investment Analyst in HF - Other Works at The Family Office
+2 There's quite a bit of blatantly racist content in this thread that WSO doesn't seem to mind. Shouldn't half these posts be deleted? anonymous investor
+2 thehalifaxgroup CRE
+2 Sponsors does a quick cash flow model for internal credit approval for LBOs, but doesn’t do 3 statement models for advisory as M&A does that.  Works at Wells Fargo
+2 The nepotism argument is a statistical rounding error. Nepo hires take maybe 1% of the seats. Institutional mandates shape the entire funnel. OFFERGOBLIN
+2 I’m probably an outlier, but I always ask HR to send me the unfiltered stack of resumes so I can look through them all. CRE Credit
+2 Don’t understand why ppl are so entitled. Like you are asking an otherwise complete stranger (who are incredibly busy) for their time and a job. Getting ghosted should be the base assumption. Analyst 1 in IB - Gen
+2 How much do you want to bet Warren Buffett hasn't ridden the subway for at least half a century? PrivateTechquity 🚀🚀🚀
+2 if you're like my relative, you need to completely reframe what you mean by exercise. what previously could've been 30 minutes in the gym lifting weights maybe now is 20 minutes on the rower/seated bike at a slow pace thebrofessor
+2 People are busy and if the aren’t working they want to be with their families this time of year.  Associate 1 in IB - Cov
+2 This is all good advice in theory but doesn’t work for T1 LOs… they’re fine hiring 2+2s out of MBAs, most of the lateral spots I saw get filled at my shop were filled with hyper competitive applicants with more than a deca Investment Analyst in HF - Event
+2 Good question — AM recruiting is a lot less transparent than IB, so the confusion is normal. kelvinmadris
+2 Honestly, you’re feeling this way because you’re looking for instant feedback that doesn’t exist. Gorilla Tim
+2 Thanks for doing this, OP. I wanted to ask about my chances of breaking into a HF in a Quant role. I have a STEM degree (Chemistry) from the equivalent of an Ivy League in the UK. Associate 3 in CorpDev
+2 Strange response Analyst 2 in PE - LBOs
+2 My take here is you were on the cusp of next round / dinged and the firm / HH is not communicating to you in order to preserve optionality if they don’t like the candidates they moved forward / are moving forward through p Bro beans
+2 That’s actually very close to how I’m thinking about it. Anonymous Monkey
+2 To be honest, I've seen people continue photography, art, and history on the side as a hobby—often on a much larger scale than a casual hobbyist, because a finance career eventually removes any real financial constraints. missingrayquaza
+2 Yeah, I'd figured I was likely uninformed about most of the context, that's why I edited it out. I am not a finance professional yet, after all. missingrayquaza
+2 Why not stay a bit longer and prove revenue? missingrayquaza
+2 Also in a similar position / have similar views on each of the typical post MF PE paths. Happy to DM but think might be helpful to share any thoughts publicly as well for everyone’s benefit  Associate 1 in PE - LBOs
+2 Found the Argentine peso guy MindYourOwnBiz
+2 which is an insanely basic mistake for someone critiquing the OP's data and conclusions lol Associate 2 in IB-M&A
+2 Nahhh what. Roeschlaub Firestone is the GOAT desk in NYC yieldondih
+2 NYU non-stern people are non-competitors though, its not a good school. So you can say the pool from which NYU students get hired from is 700 Stern + maybe the top 400 from the rest of NYU. ~1,100. rooseveltfan
+2 Former PM ($1B AUM) here. The jump is possible, but your title is your enemy. Yes, PE professionals make the jump, but it's significantly harder at the VP level than the Associate level. stockpitchlab
+2 You can try asking for like 10k more, but they may tell you to kick rocks. Especially if you have a personal reason for wanting to be in that city and they know there's not many funds there. Associate 3 in IB-M&A
+2 Ignore title, 5 YOE at MMHF and will make $3.5 million this year Analyst 2 in IB - Gen
+2 Former PM ($1B AUM) at a long-only shop here. The MBA question is a distraction. Some LOs use it as a checkbox, but most care more about whether you can demonstrate investor judgment. stockpitchlab
+2 This is one perspective. The other is that Corp Strategy is actually an incredible exit.  Associate 3 in CorpDev
+2 Good deflection but still won’t change the fact that prime beneficiaries of DEI are white women. Freeloading white Beckies.  VP in IB - Gen
+2 Pokemon MasterWhat about removing one more 0? $4.5 million would be like being the “poorest rich person in America. The world’s tallest dwarf.” CRE
+2 Hey man good job for being proactive. I’m not an expert but some help I can give you (at least from the prep aspect idk much about international students and how to move to the US/London). The Grim Reaper
+2 Ares Analyst 1 in PE - LBOs
+2 you will surprised, you just haven’t probed them yet. Look how they comment “women + minorities” but nobody clarifies which minorities. In fact most of these include all PoC under the minority term. Analyst 1 in IB - Gen
+2 It is obviously the case that white males have been disenfranchised. You only need to look at the number of women in finance and the number of programs aimed specifically at them. Prospect in IB - Gen
+2 I think your perception is heavily influenced by social media and fitness influencers.  RedWhiteAndWho
+2 no college kid is cracked MattsMatt12
+2 Much of that will get tied up in coinvest and won't be liquid. ~50% of my cash comp has gone to coinvest (or mandatory co-invest loan paydown) since I started in PE  TRJamesGatz
+2 If you're doing shipping at a liner, do freight trading if you can. newtown_creek_superfund
+2 Two forms of consideration he'll never get to see in the form of cash after the idiot MBA grad crashes the business into the ground loud_bathroom
+2 there's just too much visibility into what finance (specifically IB) is via the 1,000 "day-in-the-life" videos and the amount of meme material going around on social media that cheapens it. Works at Morgan Stanley
+2 Interesting - makes a lot of sense though, I’m sure PE involvement levels impact workloads quite a bit depending on how active they are in the portco doing the roll-ups. IAmAnMABanker
+2 Sad to see. Took one troll post to really get the keyboards breaking. Why I don't really come back here much.  Rabbit
+2 This resonates 100%, thanks OP and commenters for sharing your thoughts.  highlow123
+2 You would be a complete idiot to not sign that on the spot Analyst 2 in IB - Gen
+2 My worse weeks have been 85-90 (have only had 2 weeks out of entire year with these hours) and my lightest weeks have been 15-20.  Analyst 1 in IB - Cov
+2 thegreatspoofing Associate 1 in IB-M&A
+2 Feel free to ping me. Background 6 years in the military, multiple deployments during GWOT, hit an IED, and medically retired. WilliDillie
+2 Just spam apply and see what you get. I left IB after 1.5 years with nothing lined up, and signed a highly acquisitive PE backed non-tech decacorn, made $310k all in last year (~60 hours were norm). Analyst 1 in IB - Cov
+2 An AI agent can already do all of this ... We have to understand that there is no original ideas anymore, tomorrow, 1000 new way to use AI will emerge. Hedi Mesme
+2 Thank you for the advice ! Got the offer 😁 role109
+2 Yeah man, it's these greedy poor people that are the problem lol, not the fact that we live under a system that lets rich NIMBYs block the construction of new housing units and allows a single person to amass a net worth o Buzz_Lightyear
+2 Chicago has way fewer seats and will prioritize midwest schools since most folks will be alums of that group of schools. Associate 3 in IB-M&A
+2 Would love to hear your thoughts on the future of global macro and commodities HFs (discretionary, semi-systematic, or anywhere on the spectrum excluding pure quant).  Prospect in HF - Macro
+2 Now I am better informed thanks to you as yes, they were women.  Prospect in IB - Gen
+2 I highly discourage you from doing this bro 🤣 Analyst 1 in IB - Cov
+2 Carlyle secondaries is not a competitive process Analyst 1 in IB - Cov
+2 Lol, if this is true, this is very much in line (if not higher if closer to mid bucket) vs. other bulge brackets.  Associate 1 in IB - Cov
+2 Lead recruiting for my target school at a BB: 3.5 is the cutoff for HR reasons, anything above 3.7 is considered great. After that you are solely evaluated on rest of resume + networking. Analyst 1 in IB - Gen
+2 I didn't say there is more opportunity internationally than in the US. I don't know if that is true. shortponzilongresources
+2 thank you. In this scenario the draw would replace the discretionary bonus but be "guaranteed" in the sense that I would get the same fixed amount per year, subject to specific clawback schedule if I leave voluntarily. Developer in RE - Comm
+2 A boutique $2-10b fund has meaningful scale and can be an excellently profitable business (i.e. tens of millions in management fees, plus performance fees) but still has a wide investment universe. shortponzilongresources
+2 I'm convinced OP is David Orr. Principal in HF - Event
+2 Thanks for the detailed answer, helpful perspective. Anonymous Monkey
+2 I did a good job & asked my boss to advocate for me. It’s all about advocates and cheerleaders. You don’t need to be the best, you just need to be likeable and competent.  pudding
+2 Candidly I deal with it because my parents are very well off and I value my free time and flexibility more than salary.  Analyst 2 in IB-M&A
+2 The problem is that Republicans don't tax, they just spend. Ozymandia
+2 PrivateTechquity 🚀🚀🚀 IsItREPE
+2 TopBoy.-I’d maybe support a national one if it meant lowering income tax but that would never happen  IsItREPE
+2 Wut? Billionaires moving is already a tax loss, not even speaking about the job creation impact here of founding / funding new companies in the region) means the pie just gets smaller. hedgehog9
+2 Sounds like a helpful iteration. I am not going to tell you where to look or the viability of this, my only advice is iterate faster. PM in HF - Other
+2 where did you hear this lol whatwhatwhat234
+2 ASO2 EM $125k (70/30 split) Still way off from other banks, but was expecting $100k given how shit last year was. Associate 1 in IB - Gen
+2 Work is entirely capital markets based. Their main job is to yell at High Yield or TLB sales teams to sell the bond or loan. maestro_
+2 Correct. You can confirm this with most DEI disclosures put out by banks. Asian / Brown / Arab men are not DEI.  Analyst 2 in IB - Cov
+2 I'm also very curious on JEF London exits to UMM/MF PE (particularly their LevFin group) Prospect in IB - Gen
+2 Yes it was helpful, and I hope I would not need "dozens of cycles" to become profitable. At least I work hard to avoid that. TheorPhysicist
+2 UBS has fallen off a cliff. You can argue the legacy brand still makes it slightly more attractive than Wells, but that’s not a place I’d want to work at right now. Their IB division is an absolute mess. herbachino